Grab to become Singapore’s 6th taxi operator with new license
Singapore will have a total of six taxi operators now, as GrabCab, a subsidiary of Grab Rentals and the sister company of GrabCar, has just received a licence to run street-hail services in Singapore today (April 2, 2025).
According to a press release by the Land Transport Authority (LTA), GrabCab’s entry will provide drivers and commuters with more choices and is expected to boost taxi supply. The other current taxi operators are CityCab, CDG, Prime, Strides and Trans-cab.
The company will be given a three-year grace period to progressively expand its fleet to meet the minimum requirement of 800 taxis.
The new license will commence on April 9, 2025 and is valid for 10 years.
As part of the licensing conditions, LTA stated that GrabCar’s street-hail services must follow the same taxi fare structure components as other street-hail operators, and its fare must be prominently displayed so that passengers are informed of the applicable fare rates.
In a media statement, Grab said that it will launch a green fleet in the coming months, featuring low- and zero-emission hybrid and electric vehicles.
The company will also sponsor the course fees for a Taxi Driver’s Vocational Licence, as well as six-month National Taxi Association membership fees for new members planning to join GrabCab. Drivers can register their interest from today.
Grab is grateful to the Land Transport Authority for granting us a taxi licence, which provides us the opportunity to introduce GrabCab, a taxi fleet to complement private hire cars on our platform.
This enables us to address unmet consumer demand and improve ride availability, particularly during peak hours, late nights and in areas only accessible by taxis. It also positions us to better serve the anticipated growth in point-to-point rides in the coming years, while catering to consumers who prefer street-hailing.
A Grab spokesperson in a media statement to Vulcan Post
Grab has yet to disclose when GrabCab will be launched and how many vehicles it will initially operate.
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Featured Image Credit: GrabRental